What You Need To Ask Before Signing Up For Liability Insurance
As a business owner, protecting yourself and your business from any potential liability claims is essential. One of the best ways to do this is by taking out liability insurance. However, before taking out any liability insurance policy, you should ask some important questions to ensure you are getting the right coverage. This blog will discuss the things you should ask before taking liability insurance, including professional liability insurance in South Africa . What are the policy limits? The policy limits determine the maximum amount the insurance company will pay for any liability claims. It is essential to understand the policy limits to ensure you are not left with a financial burden in case of any claims. Make sure to ask your insurance provider what the policy limits are and if they are sufficient for your business's needs. What type of liability insurance do I need? There are different types of liability insurance policies available, each with its c...